NOT FOR DISTRIBUTION
Header cover image

CloudMD Software & Services

Market Cap

CA$390.4m

Last Updated

2021/05/15 22:32 UTC

Data Sources

Company Financials +

Executive Summary

CloudMD Software & Services Inc., a healthcare technology company, provides SaaS based health technology solutions to medical clinics in North America. More Details


Snowflake Analysis

Excellent balance sheet with high growth potential.


Similar Companies

Share Price & News

How has CloudMD Software & Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DOC is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: DOC's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-4.9%

DOC

-3.9%

CA Healthcare

-0.7%

CA Market


1 Year Return

150.0%

DOC

32.5%

CA Healthcare

39.3%

CA Market

Return vs Industry: DOC exceeded the Canadian Healthcare industry which returned 33.6% over the past year.

Return vs Market: DOC exceeded the Canadian Market which returned 39.2% over the past year.


Shareholder returns

DOCIndustryMarket
7 Day-4.9%-3.9%-0.7%
30 Day-6.3%-7.7%1.0%
90 Day-35.9%-8.7%6.1%
1 Year150.0%150.0%35.1%32.5%43.8%39.3%
3 Year680.0%680.0%82.5%60.7%28.6%16.4%
5 Yearn/a12.6%-14.1%58.6%34.7%

Long-Term Price Volatility Vs. Market

How volatile is CloudMD Software & Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CloudMD Software & Services undervalued compared to its fair value and its price relative to the market?

36.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DOC (CA$1.95) is trading below our estimate of fair value (CA$3.06)

Significantly Below Fair Value: DOC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DOC is unprofitable, so we can't compare its PE Ratio to the Canadian Healthcare industry average.

PE vs Market: DOC is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DOC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DOC is good value based on its PB Ratio (3x) compared to the CA Healthcare industry average (4.2x).


Future Growth

How is CloudMD Software & Services forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

113.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DOC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: DOC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: DOC's is expected to become profitable in the next 3 years.

Revenue vs Market: DOC's revenue (32.6% per year) is forecast to grow faster than the Canadian market (6.3% per year).

High Growth Revenue: DOC's revenue (32.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DOC's Return on Equity is forecast to be low in 3 years time (4%).


Past Performance

How has CloudMD Software & Services performed over the past 5 years?

-53.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DOC is currently unprofitable.

Growing Profit Margin: DOC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DOC is unprofitable, and losses have increased over the past 5 years at a rate of 53.8% per year.

Accelerating Growth: Unable to compare DOC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DOC is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (34.1%).


Return on Equity

High ROE: DOC has a negative Return on Equity (-11.46%), as it is currently unprofitable.


Financial Health

How is CloudMD Software & Services's financial position?


Financial Position Analysis

Short Term Liabilities: DOC's short term assets (CA$63.4M) exceed its short term liabilities (CA$7.6M).

Long Term Liabilities: DOC's short term assets (CA$63.4M) exceed its long term liabilities (CA$6.7M).


Debt to Equity History and Analysis

Debt Level: DOC's debt to equity ratio (2.5%) is considered satisfactory.

Reducing Debt: DOC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: DOC has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if DOC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is CloudMD Software & Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DOC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DOC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DOC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DOC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DOC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Essam Hamza (49 yo)

2.75yrs

Tenure

CA$240,000

Compensation

Dr. Essam Hamza, MD has been Chief Executive Officer and Director of CloudMD Software & Services Inc. (formerly known as Premier Health Group Inc.) since August 31, 2018 and August 2, 2018 respectively. He...


CEO Compensation Analysis

Compensation vs Market: Essam's total compensation ($USD198.29K) is below average for companies of similar size in the Canadian market ($USD793.46K).

Compensation vs Earnings: Essam's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: DOC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: DOC's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DOC insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 118.9%.


Top Shareholders

Company Information

CloudMD Software & Services Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CloudMD Software & Services Inc.
  • Ticker: DOC
  • Exchange: TSXV
  • Founded: 2013
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Market Cap: CA$390.432m
  • Shares outstanding: 200.22m
  • Website: https://cloudmd.ca

Location

  • CloudMD Software & Services Inc.
  • 789 West Pender Street
  • Suite 810
  • Vancouver
  • British Columbia
  • V6C 1H2
  • Canada

Listings


Biography

CloudMD Software & Services Inc., a healthcare technology company, provides SaaS based health technology solutions to medical clinics in North America. It offers CloudMD telemedicine application, a telemed...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/15 22:32
End of Day Share Price2021/05/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.